We are delighted to announce that we have a new look and a new name!
As from today, Thursday 22 September 2016, 3G Direct Pay will now be renamed The Direct Pay Online Group (“DPO Group”)
We have received a significant investment from Apis Partners LLP (“Apis”), a private equity asset manager focused on financial services in the growth markets of Africa and Asia.
Since it was founded in 2006, the DPO Group has sought to empower African businesses to efficiently sell their products online and receive payment through a wide variety of methods. The investment by Apis validates the strength the DPO Group platform and supports the Groups vision of building the leading pan-African payments processor. We aim to expand into over 10 countries across East, West, and Southern Africa over the next year, and to offer payment options across the whole of the African continent.
By 2020, smart-phone penetration across the African continent is expected to grow three-fold to over 540 million handsets. This increase, combined with improved access to 3G networks and reduced data costs, is expected to spur strong growth in online and mobile commerce. The DPO Group aims to assist both entrepreneurs and enterprises in accessing these new customers by providing a seamless and scalable payment solution for all online and mobile payments regardless of geography, payment type or platform. The investment by Apis will ensure that the DPO Group continues to lead the market in providing bespoke solutions to both existing and new clients.
The Group serves over 5,000 clients in the region, including over 40 airlines, hundreds of hotels, and thousands of travel agents and tour operators. This broad client base has established the DPO Group as the largest player in online payments in East Africa. The Group processes payments from all major credit cards, mobile money and e-wallets, and is the only Payment Service Provider in East Africa holding PCI DSS Level 1 Certification, the highest security certification in the payment cards industry.
We plan to revolutionise the payments arena in Africa by giving freedom to everyone to pay and be paid online anywhere, anytime, and by any mode of payment. Apis has deep expertise in emerging markets and a track record of partnering with entrepreneurs, which will be crucial in executing our high growth strategic expansion plan for the coming years.
The DPO Group is committed to provide the best in class technology platform, talented team, excellent fraud prevention systems and an exceptional track record of conversion and customer management
We are looking forward to working with you to serve you and improve the online shopping experiences of all consumers in Africa.